Business
Vemanti's VinHMS Expands Regional Presence In Thailand, Cambodia, and the Philippines
Vemanti's VinHMS Expands Regional Presence In Thailand, Cambodia, and the Philippines.
About this update from Vemanti Group Inc.
[{"type":"text","content":"\n IRVINE, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- Vemanti Group, Inc. (\"Vemanti\" or the \"Company\") (OTCQB: VMNT), a technology holding company, today announced the regional expansion of its wholly-owned subsidiary, VinHMS Pte. Ltd. (“VinHMS”), with new customer deployments in Thailand, Cambodia, and the Philippines. As the hospitality landscape continues to evolve, the Company has added a new ground-up revenue strategy focusing on near-term sales opportunities in potential markets with smaller customers to build momentum and drive larger sales and widespread adoption. These achievements underscore the Company commitment to growing its regional presence and solidifying its role as a leader in hospitality technology across Southeast Asia. With these milestones, VinHMS now operates in five countries: Singapore, Vietnam, Cambodia, Thailand, and the Philippines. Renowned for its innovative CiHMS platform, VinHMS has revolutionized hospitality management through advanced digital solutions. This expansion brings VinHMS's state-of-the-art technology to a broader audience, enabling hotels and hospitality businesses to unlock new revenue streams through additional products and improved guest experiences without structural disruptions. In Thailand, VinHMS has partnered with Hotel Zing (“Zing”), a prominent name in the local hospitality industry for budget-minded travelers, to implement its cutting-edge CiHMS platform in 3 locations in Pattaya. In the Philippines, VinHMS has secured a pilot launch in Manila with an undisclosed client known for their strategic locations and excellent value throughout Asia, with the goal of full deployment in all properties. In Cambodia, VinHMS has been selected by the award-winning Elite Hospitality and Management (“EHM”) group to enhance their hospitality operations with advanced digital solutions for their luxury-focused portfolio starting with the Caravan Hotel in Phnom Penh. These customer wins highlight the flexibility and modularity of the CiHMS platform, which can seamlessly adapt to the needs of both large 5-star hotels and smaller budget hotels, ensuring top-notch service regardless of the hotel's scale. \"We are thrilled to take this significant step towards regional growth,\" said Hoang “Eric” Nguyen, CEO of Vemanti. \"Our expanded footprint i...